Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.
New construction
$3,999,999
500 Alton Rd Unit 1601, Miami Beach, FL 33139
3beds
2,178sqft
Condominium
Built in 2025
-- sqft lot
$3,767,600 Zestimate®
$1,837/sqft
$5,298/mo HOA
What's special
- 49 days |
- 146 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Carlos Fernandez 786-514-3136,
Douglas Elliman
Source: MIAMI,MLS#: A12014864
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Washer, Water Softener Owned
Features
- Built-in Features, Closet Cabinetry, Kitchen Island, Walk-In Closet(s)
- Flooring: Tile
- Doors: High Impact Doors
- Windows: Complete Impact Glass, Blinds
Interior area
- Total structure area: 3,086
- Total interior livable area: 2,178 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Guest
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible
Features
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Ocean, Other
- Has water view: Yes
- Water view: Bay,Ocean
Details
- Parcel number: 0242040150090
- Other equipment: Other
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Doorman, Elevator Secure, Security Guard, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: Five Park
HOA
- Has HOA: Yes
- Amenities included: Bar, Bike Storage, Clubhouse-Clubroom, Fitness Center, Storage, Pool, Library, Other, Sauna, Spa/Hot Tub
- HOA fee: $5,298 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $1,837/sqft
- Tax assessed value: $2,954,805
- Annual tax amount: $54,652
- Date on market: 5/8/2026
- Listing terms: All Cash,Conventional
Estimated market value
$3,767,600
$3.58M - $3.96M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $24,500-10.9%$11/sqft |
Source: | ||
| 5/8/2026 | Listed for rent | $27,500$13/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $4,000,000$1,837/sqft |
Source: | ||
| 4/2/2026 | Price change | $4,000,000-5.9%$1,837/sqft |
Source: | ||
| 3/5/2026 | Price change | $4,250,000-2.9%$1,951/sqft |
Source: | ||
| 2/2/2026 | Price change | $4,375,000-4.9%$2,009/sqft |
Source: | ||
| 12/2/2025 | Listed for sale | $4,600,000$2,112/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $54,652 | $2,954,805 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 500 Alton Rd Unit 1601








